A-LevelEconomicsThe macroeconomy9708/32 · Oct/Nov 2018 · Q281 Mark
The diagram shows an economy in equilibrium at point X. What would be most likely to cause the economy to move from point X to point Y? [Figure 28.1]
- The diagram shows an economy in equilibrium at point X. What would be most likely to cause the economy to move from point X to point Y? [Figure 28.1] A an increase in government spending on transfer payments B an increase in income tax C an increase in the average wage rate D an increase in the productivity of labour[1]
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Mark scheme
Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [1] D
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